U.S. Postal Service Requests May 31 Rate Hike, with Possible 2 Percent Rate Increase

The U.S. Postal Service may raise postage rates by as much as 2 percent on May 31. First, though, the Postal Regulatory Commission needs to approve the request USPS submitted at 4:20 p.m. last Thursday (opens as a PDF).

"This adjustment includes the prices previously approved by the commission...for First Class mail and Special Services," reads Thursday's USPS response, "as well as the proposed prices for Standard Mail, Periodicals and Package Services...The only exception relates to the Earned Value Reply Mail promotion, which will start as scheduled on May 1, 2015."